ASEAN: Winche And Capstan Market 2024

Winche And Capstan Market Size in ASEAN

The ASEAN winche and capstan market fell to $X in 2022, shrinking by X% against the previous year. The total consumption indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Winche And Capstan Production in ASEAN

In value terms, winche and capstan production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Winche And Capstan Exports

Exports in ASEAN

In 2022, shipments abroad of winches and capstans increased by X% to X units, rising for the third consecutive year after two years of decline. Overall, exports, however, recorded a perceptible decrease. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, winche and capstan exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Indonesia represented the major exporting country with an export of about X units, which reached X% of total exports. Thailand (X units) took the second position in the ranking, distantly followed by Singapore (X units). All these countries together took near X% share of total exports. Malaysia (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to winche and capstan exports from Indonesia stood at X%. At the same time, Thailand (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. By contrast, Malaysia (X%) and Singapore (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Thailand increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X), Indonesia ($X) and Thailand ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Thailand, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the export price recorded a mild reduction. The growth pace was the most rapid in 2013 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced a decline in the export price figures.

Winche And Capstan Imports

Imports in ASEAN

In 2022, the amount of winches and capstans imported in ASEAN skyrocketed to X units, increasing by X% compared with the year before. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports attained the peak figure at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, winche and capstan imports surged to $X in 2022. Over the period under review, imports, however, showed a deep setback. The growth pace was the most rapid in 2019 when imports increased by X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Thailand (X units) represented the largest importer of winches and capstans, creating X% of total imports. Indonesia (X units) held the second position in the ranking, followed by Vietnam (X units), the Philippines (X units), Singapore (X units) and Malaysia (X units). All these countries together took approx. X% share of total imports. Myanmar (X units) held a relatively small share of total imports.

Imports into Thailand increased at an average annual rate of X% from 2012 to 2022. At the same time, Myanmar (X%), the Philippines (X%) and Vietnam (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in ASEAN, with a CAGR of X% from 2012-2022. By contrast, Indonesia (X%), Singapore (X%) and Malaysia (X%) illustrated a downward trend over the same period. Thailand (X p.p.), the Philippines (X p.p.), Vietnam (X p.p.) and Myanmar (X p.p.) significantly strengthened its position in terms of the total imports, while Singapore, Malaysia and Indonesia saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, Vietnam ($X), Singapore ($X) and Indonesia ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Thailand, Malaysia, the Philippines and Myanmar lagged somewhat behind, together comprising a further X%.

Among the main importing countries, the Philippines, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in ASEAN stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the import price recorded a drastic downturn. The pace of growth was the most pronounced in 2013 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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